Ambrose takes over from Andy Russell who, having led the business to new levels of growth over the last four years, has decided that now is the right time to move onto the next phase of his career.

Ambrose joins with over 25 years’ digital and fintech experience, most recently as CEO of the digital money transfer service, Azimo, scaling the business to over 3 million customers. He has also held senior roles at PayPal and eBay.

New CEO, Richard Ambrose said: “I am thrilled to join Wealthify as CEO. Its mission to make investing affordable and accessible for everyone is in the best traditions of fintech. Wealthify has built some great technology, and I’m proud to be joining its brilliant team.”

Former CEO, Andy Russell said: “It’s been a privilege to lead Wealthify over the last four years. I am very proud of our purpose-driven strategy, our culture of accessibility and quality, and the resulting growth we’ve achieved during this time. I know the whole business is excited to welcome Richard, who is well placed to shape the next chapter and continue its impressive growth trajectory.”